Mit Hilfe der Management Guidance wird durch kapitalmarktorientierte Unternehmen in unterschiedlicher Form über die voraussichtliche Entwicklung wesentlicher Geschäftszahlen berichtet. Vorliegende empirische Arbeiten gehen einheitlich davon aus, dass eine Punktprognose der erwarteten...

This paper investigates the impact of outside directors’ and auditors’ monetary incentives on the association between discretionary accounting and managers’ cash bonuses in a two-tier system. For a sample of German stock corporations from 2005 to 2007 we expect and find that outside...

Using as a natural experiment, the German corporate tax rate decrease in 2001, this paper studies the effect of tax accounting incentives on financial statements in a setting where book-tax conformity is strong. We find that companies that generally balance their overall accounting strategy,...

Standard theory of the optimal mix of direct and indirect taxation implicitly assumes that compliance is not influenced by the framing of the taxes. According to our findings, this is not the case. Using an experimental approach, we examine whether framing the tax payment decision as income tax...